Discussions on building a new custom home as well as remodeling or fixing an old one.

Saturday, May 12, 2012

The clock is ticking

While talking with a realtor friend today, we got to talking about our house and slow speed at which we were progressing. He told us that we really ought to get moving & break ground before the November Presidential elections. Why? At the moment, the current administration is doing everything they can to keep interest rates low so people will be happy with the job that our current elected officials are doing and will want to re-elect them. Once the elections are over, the administration will return to business as usual, and the interest rates will do whatever the market dictates -- which probably means rising significantly. Unless we want to spend a lot more money over the course of our mortgage, we need to get on the stick and begin construction before November. So I guess we need to get on the stick with our floor plans...